The Financial Times reported last week that the Pakistan government “thwarted” an attempt by JPMorgan Chase to buy the Roosevelt Hotel. There was only one question: What attempt? According to the FT, Pakistan International Airlines, the Roosevelt’s nominal owner, chose to “pursue a redevelopment plan that would transform the site into a high-rise project while allowing Islamabad to keep a stake in the property.” But PIA’s intentions were long known. Moreover, we found no previous mention other

Tag-uri: Islam